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2009 saab 9-5 Reviews and News

Though going through some financial troubles, Saab is determined to plow through, and come out a stronger company at the end of the hardships. During his speech at the New York auto show today, CEO Victor Mueller spoke about how the company is working on receiving liquid capital and continuing to produce models. Within the past year, it has already introduced three new models, and is planning to replace the oldest model in its lineup -- the 2011 9-3 -- in October of next year.

Tooling for the last-generation Saab 9-5 and portions of intellectual property for other technologies have been sold to Beijing Automotive Industry Holding Co. Saab collected a healthy $197 million on the deal, which was made official yesterday.

Beijing Automotive Industry Holding Corp has just struck a deal with Saab to purchase tooling for the most recent 9-5 model. The Chinese company will reassemble the equipment at one of its factories and market the car as its own.

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